Trump Appeals Court Order Appointing Monitor To Oversee Company

Former President Donald Trump on Monday appealed a court order appointing an independent monitor to oversee major financial dealings and asset transfers of the Trump Organization pending the outcome of New York Democratic Attorney General Letitia James's civil fraud case against the organization and its top leadership.

  • “The preliminary injunction imposed by the court is overly broad, overreaching, and unenforceable on its face,” argues Trump attorney Alina Habba. “We trust that the Appellate Division will rein in the Attorney General’s unbridled desire to exert control over the Trump Organization.”
  • The court order was issues last week by New York Judge Arthur Engoron that appoints the monitor and requiring the organization to secure court approval prior to any major asset transfers.
  • The monitor will need 30 days’ notice prior to any organizational restructuring plans for “disposing or refinancing of significant Trump Organization assets.”
  • James’s office had filed the request, arguing that the Trump Organization was restructuring to avoid its legal obligations. James has filed a civil fraud case alleging that the organization inflated the value of its major assets. The case is separate from Manhattan District Attorney Alvin Bragg’s criminal case against the organization over an alleged scheme by its major executives to avoid paying taxes.
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